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CARES Act Stimulus Payments Have Reached 160 Million Households — But Could Reach Millions More

CARES Act Stimulus Payments Have Reached 160 Million Households — But Could Reach Millions More
2020
New America
Author(s): 
Gabriel Zucker, Tara Dawson McGuinness, Nina Olson
CARES Act Stimulus Payments Have Reached 160 Million Households — But Could Reach Millions More
Source Sector(s)
Non-profit
Benefits Program
COVID-19 Assistance
Level of Government
Federal/National
Location
United States
Format
Report

Though the CARES Act provided much-needed relief to millions of Americans, around 5-10 million of the most vulnerable American households have not yet received their full payment. This report lays out a set of technical fixes regarding the delivery of the first stimulus payments, a set of fixes to address other critical tax credits, and several medium-term reforms to increase earned income tax credit (EITC) access for low-income families.